May 5 Health insurer Cigna Corp reported a 15 percent rise in quarterly profit, helped by customer growth in its commercial business. The company's net income rose to $598 million, or $2.30 per share, in the first quarter ended March 31, from $519 million, or $2.00 per share, a year earlier. (Reporting by Ankur Banerjee in Bengaluru; Editing by Shounak Dasgupta) Total revenue increased to $10.39 billion from $9.88 billion. The U.S. House of Representatives on Thursday narrowly approved a bill to repeal and replace Obamacare, handing Republican President Donald Trump a victory that could prove short-lived as the healthcare legislation heads for a likely battle in the Senate.
As it stated in Fannie will remit $2.8 billion to Treasury in June, taking its total paid to the government to $162.7 billion. In the first quarter, Fannie enabled 233,000 home purchases and 303,000 refinancings, and provided financing for 202,000 multifamily housing units. Fannie FNMA, -1.84% had a profit of $2.8 billion in the first three months of the year, compared to $1.1 billion in the same period a year ago. Freddie said earlier this week that it will remit $2.2 billion, for a total of $108.2 billion over the past nine years. "I am signaling my belief that some of the challenges and risks we are managing are escalating and will continue to do so the longer the Enterprises remain in conservatorship," he said last February.
As it stated in
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As it stated in Fannie will remit $2.8 billion to Treasury in June, taking its total paid to the government to $162.7 billion. In the first quarter, Fannie enabled 233,000 home purchases and 303,000 refinancings, and provided financing for 202,000 multifamily housing units. Fannie FNMA, -1.84% had a profit of $2.8 billion in the first three months of the year, compared to $1.1 billion in the same period a year ago. Freddie said earlier this week that it will remit $2.2 billion, for a total of $108.2 billion over the past nine years. "I am signaling my belief that some of the challenges and risks we are managing are escalating and will continue to do so the longer the Enterprises remain in conservatorship," he said last February.
As it stated in
TransCanada's quarterly profit more than doubles on lower charges, better net profits
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